web analytics
March 30, 2015 / 10 Nisan, 5775
At a Glance
InDepth
Sponsored Post


Home » InDepth » Op-Eds »

WSJ, Facebook, Intel, Amazed by Israel’s High Tech

Straight from the Jerusalem Boardroom #185, October 28, 2013
IsraelHighTech

Originally published at The Ettinger Report.

1.  Nicola Mendolsohn, Facebook Vice President: “Facebook was amazed by the amount of talent in a small country like Israel [5,000 tech companies].  It was a momentous decision for Facebook to open its first R&D center outside the US in Israel.  We chose Israel in the knowledge that the best talent is found here.  Onavo, the Israeli company that we acquired [for $150MN] will help Facebook achieve its vision of linking the largest number of users possible (Jerusalem Post, Oct. 16, 2013).” The German global software giant, SAP invests $75MN in a new building for its Israel Center (Globes, Oct. 15).

2.  Intel Capital, Intel’s investment arm, is expanding its portfolio of over-60-Israeli-companies, investing $10MN in three additional Israeli companies (Globes Business Daily, Oct. 24).

3.  The Boston-based HarbourVest led a $35MN round of private placement by Israel’s Outbrain, joined by the Menlo Park-based Lightspeed Venture, Geneva-based Index Ventures and leading Israeli VC funds (Globes, Oct. 24).

4.  Israel is a global leader in the development of water technologies.  Export of water technologies was $2BN in 2012, 170% increase in six years, expected to reach $2.2BN in 2013.  280 Israeli companies develop water technologies, 150 are export-oriented (Globes, Oct. 22).

5.  Wall Street Journal (Ben Rooney), Oct. 24: It is extremely hard not to be a bit star-struck by the Israeli technology scene…. ‘It is Silicon Valley for the rest of the world’ said Saul Klein, a London-based venture capitalist…. ‘On a scale of one to 10, the innovation I see in Germany would be close to zero. In Israel, it is a 10,’ said Mark Tluszcz, co-founder of Mangrove Capital Partners, a Luxembourg-based venture firm…. What’s the secret? Reasons include the role of the Israeli Defense Forces, and in particular the high-tech Unit 8200; the unique cultural values of a country forged from centuries of oppression; and Jewish mothers…. The link with America remains as strong as ever. If you look at the flight schedules into Tel Aviv, there are just three direct flights a week from Beijing, and another three from Seoul. There are at least that many a day from the U.S.”

About the Author: Ambassador (ret.) Yoram Ettinger is consultant to Israel’s Cabinet members and Israeli legislators, and lecturer in the U.S., Canada and Israel on Israel’s unique contributions to American interests, the foundations of U.S.-Israel relations, the Iranian threat, and Jewish-Arab issues.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

One Response to “WSJ, Facebook, Intel, Amazed by Israel’s High Tech”

  1. I am so proud of Israel's sophisticated and superior technology. That is why we need to protect her as an ally and as a great help to the rest of the world.

Comments are closed.

Current Top Story
Former Iranian President Ahmadinejad and north Korean  nuclear test.
Lausanne Talks May Be Camouflage for Iranian Nukes in North Korea
Latest Indepth Stories
jabotinsky with sword

Jabotinsky said “Go To Hell” was a good retort to opponents of the Jewish people; fitting for Obama.

Obama Racine

Obama pulled off one of US history’s greatest cons,twice fooling a gullible electorate and most Jews

Auschwitz Entrance

While in Auschwitz I felt a tangible intensity. I could sense that I was in a place of sheer evil.

Bibi and Obama: Head to Head

Obama needs to wake up. The real enemy is not Netanyahu but Iran, Hizbullah, Hamas, Islamic Jihad,IS

My beliefs & actions have led to numerous death threats against me; my excommunication by my church

In November 2014, Islamic Relief Worldwide was classified as a terrorist organization by the United Arab Emirates.

Too rarely appreciated for its symbolic weight; it can represent freedom and independence.

Erica Pelman is a spiritually-driven woman. She is founder and director of “In Shifra’s Arms” (ISA), an organization that offers aid to pregnant Jewish women of all religious backgrounds practically, financially and emotionally. Its arms are open to any pregnant woman in need whether single, divorced, separated, or from a financially-strapped family. “Presently, we are […]

Many so-called “humanitarian NGOs” frequently abuse Israel by applying false moral equivalencies

Israeli history now has its version of “Dewey Defeats Truman” with headlines from 2 anti-Bibi papers

In God’s plan why was it necessary that Moses be raised by Pharaoh, away from his own family&people?

In their zechus may we all come to appreciate that life is a fleeting gift and resolve to spend every precious moment of it as if it were the last.

In any event, Mr. Netanyahu after the election sought to soften his statement on Palestinian statehood and apologized for what he conceded were remarks that “offended some Israeli citizens and offended members of the Israeli Arab community.”

A worthy idea any way you look at it.

More Articles from Yoram Ettinger
Understanding the Arab Israeli Peace Talks

Top priorities of Israeli Arabs: employment, education, healthcare, crime, and women’s rights,

Obama bows to the Saudi king in his visit in 2011.

Riyadh supports Israel’s role against their mutual enemy-A nuclear/apocalyptic/ imperialistic Iran

Netanyahu addresses a clear, present & lethal threat to the US/Israel/WORLD; NOT political bickering

Israel is #2 most innovative country in the world attracting numerous global companies and investors

In recent years, the US-Israel relation has been transformed into a mutually-beneficial 2 way-street

A nuclear Iran compounds the clear&present lethal threat Iran poses to critical US&Western interests

Despite Western ‘Conventional Wisdom&PC,’ the Arab/Israeli conflict was never about the Palestinians

Printed from: http://www.jewishpress.com/indepth/opinions/wsj-facebook-intel-amazed-by-israels-high-tech/2013/10/28/

Scan this QR code to visit this page online: